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million judgment from the latest ofhis troubles. Kosar, of and related companies also lost foreclosurre judgments on multifamily properties in theTampa area, and face a pendin g foreclosure lawsuit against a third. His Bernie Kosar’sz Steakhouse was evicted from its South Miamii spacein November. Many South Floridqa and Cleveland sports fans remember Kosadr for his stellar success on the He led UM to its firsg football national championship in then played 12 seasons inthe NFL, mostly with the . now 45, played his final season with thein 1996. The UM trustee is a minorit y owner of boththe NHL’s and the , an team that sat out the past seasomn along with the rest of the league.
The Plain Dealer reported that the Gladiatorslost $2 milliom to $2.5 million in the inaugurak 2008 season, during whic h Kosar was team presidenty and guided the team to the semi-finals. Meanwhile, the Panthera have discussed merging the team with a New York Street & Smith’s SportsBusiness Journal has reported. It appears Kosart could use some money to paymountinb judgments. In April, National City Bank won a $4.2 milliobn judgment against Kosar andBJK LLC. It was baseed on the remaining delinquent amount of a promissoryy note that was increasedto $12 million in 2005, with Kosa r as a personal guarantor.
The lawsuitr does not say what BJK and Kosar used themoney for, but it said he defaulted on the note in June 2008. Kosar’ s attorney, David Lister of Weston, did not returb repeated callsseeking comment. West Palm Beach-based attorney Michael T. who represents National City Bank, also did not return several calls. Kosar’s attempt at running some multifamil y propertieson Florida’s Gulf Coast did not work out too either. Kosar and his Boardwalk LLC on May 11 losta $2.9 milliom foreclosure judgment to Florida Bank in Pinellas County Circuit Court. The 36-unit buildint was scheduled for public sale onJune 16. In April, Kosaf and his Oakmont LLC losta $3.
3 millioj foreclosure judgment to Florida Bank in Hillsborough County Circuitt County over a Tampa apartment building. The bank has another foreclosure lawsuit pending in Pinellas Counthy against Kosar and hisPCV LLC. Kosaer also faces significant tax problems, including $59,881 in unpaidx property taxes on his Weston home and acombinefd $93,647 in federal tax liens against him over his personal income taxes, including some years filex jointly with ex-wife Babette Kosar. However, Kosarf did fully pay a separate $228,80t federal tax lien placee on him inJuly 2008.
When The Plaimn Dealer questioned Kosar about those previously unpaide taxesin August, Kosatr said some bills were lost in the shuffled during his divorce. “Divorce is difficult enoughh asit is, especially for someone who wasn’t really looking to do he told the “So, who owes what and all of that becomez hard, but whatever I owe, obviously I would pay.” Kosar’s home, at 2940 Paddoc Road, is currently listed online for sale for $3.5 million. It was purchasedc for almost the same amount in 2006.
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